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The group also voted to emphasize that the Covid vaccine is beneficial for those at high risk of severe illness from the disease.

The dip was bought again.

The S&P 500 is trading up 28 points, or 0.4%, to 6660, which is a new record high and also 10x from the financial crisis low. I have clear memories of that time and it’s amazing that the market has climbed ten fold since then.

There isn’t much standing in the way of the rally now with the bulls really showing strength this month despite some concerns about the economy and the Fed.

This article was written by Adam Button at investinglive.com.

Pound Sterling (GBP) has moved into a range-trading phase; softening underlying tone suggests it is likely to test the lower end of the 1.3470/1.3650 range first, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

Gold found buyers at the $3,630 level to bounce up on Friday following a two-day reversal from all-time highs at $3,700 on Wednesday. The precious metal attracted some bids with the US Dollar recovery losing steam, and returned to levels past $3,650.

India Bank Loan Growth increased to 10.3% in September 1 from previous 10%

India FX Reserves, USD increased to $702.97B in September 8 from previous $698.27B

The Russian pipeline monopoly has warned that Russian Oil production might have to be reduced due to Ukrainian drone attacks. This was reported by three industry sources. In addition to several refineries, Russia’s largest Oil port on the Baltic Sea had recently been targeted in an attack.

There is a chance for Australian Dollar (AUD) to test the major support at 0.6600 before a recovery is likely.

US crude Oil inventories fell unexpectedly sharply by 9.3 million barrels last week, according to the US Department of Energy, Commerzbank’s commodity analyst Carsten Fritsch notes.

Republican Sen. Ted Cruz of Texas sharply criticized Federal Communications Commission Chairman Brendan Carr over his comments related to Jimmy Kimmel.